FBGX vs. NEMG

Last updated Jun 24, 2026

FBGX (UBS AG FI Enhanced Large Cap Growth ETN) and NEMG (Leverage Shares 2x Long NEM Daily ETF) are both Leveraged Equities funds. FBGX is passively managed, while NEMG is actively managed. FBGX charges 1.29%/yr vs 0.75%/yr for NEMG.

Performance

FBGX vs. NEMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in UBS AG FI Enhanced Large Cap Growth ETN (FBGX) and Leverage Shares 2x Long NEM Daily ETF (NEMG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FBGX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NEMG

• 1D: -7.98%
• 1M: -20.02%
• YTD: -20.44%
• 6M: -28.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FBGX vs. NEMG - Yearly Performance Comparison

	2026 (YTD)	2025
FBGX UBS AG FI Enhanced Large Cap Growth ETN	0.00%	0.00%
NEMG Leverage Shares 2x Long NEM Daily ETF	-20.44%	22.87%

Return for Risk

FBGX vs. NEMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS AG FI Enhanced Large Cap Growth ETN (FBGX) and Leverage Shares 2x Long NEM Daily ETF (NEMG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

Drawdown Indicators

	FBGX	NEMG	Difference
Max Drawdown Largest peak-to-trough decline	—	-57.56%	—
Current Drawdown Current decline from peak	—	-53.44%	—
Average Drawdown Average peak-to-trough decline	—	-23.21%	—

Volatility

Volatility by Period

	FBGX	NEMG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	102.63%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	102.63%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	102.63%	—

FBGX vs. NEMG - Expense Ratio Comparison

FBGX has a 1.29% expense ratio, which is higher than NEMG's 0.75% expense ratio.

Dividends

FBGX vs. NEMG - Dividend Comparison

Neither FBGX nor NEMG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, FBGX or NEMG?

On fees, NEMG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FBGX or NEMG?

NEMG is cheaper with a 0.75% expense ratio, compared with 1.29% for FBGX.

Which ETF pays a higher dividend yield, FBGX or NEMG?

FBGX and NEMG have nearly identical dividend yields, around 0.00%.

What is the main difference between FBGX and NEMG?

They also come from different issuers: UBS and Leverage Shares. Their fees differ too: 1.29% for FBGX and 0.75% for NEMG.